News in Brief

Tech ‘Democratization’ Seen Fueling Analytics Boom

Feb 4, 2016 |

The “democratization” of analytics illustrated by the transition to self-service business intelligence and foolproof BI platforms promises to boost to global analytics market to new heights in 2016 and beyond, market researcher forecast. Gartner Inc. (NYSE: IT) predicted the worldwide BI and analytics market would reach $16.9 billion this year, up 5.2 percent over 2015. Last month, it projected the “advanced analytics” market would grow at a 14-percent clip this year to $1.5 billion as more data is shared on Read more…

Startup Enlists AI to Predict Cyber Threats

Feb 3, 2016 |

While major players are increasingly emphasizing human “intelligence-led” approaches to cyber security, artificial intelligence along with advanced analytics continue to make inroads in the “threat intelligence” market. Among the AI startups is Jask, which emerged from stealth mode this week after raising $2 million in seed financing in a funding round led by Battery Ventures. San Francisco-based Jask said Wednesday (Feb. 3) it is building a “predictive security operations center” designed to help enterprises automate security operations while reacting faster Read more…

Redis Connector Aims to Boost Spark Performance

Feb 2, 2016 |

Adoption of the Apache Spark big data framework continues to build momentum with the release of NoSQL leader Redis Labs’ integration with Spark SQL along with the release of its Spark connector package. Redis Labs said Tuesday (Feb. 2) its Spark connector package is being released as an open source option that includes a library for writing to and reading from a Redis cluster. The release includes access to all data structures from Spark as a resilient distributed dataset (RDD) Read more…

Investors Await Clearer Big Data Strategies

Feb 1, 2016 |

Institutional investors and financial market analysts are bullish about the value of data analytics, according to a recent survey by financial advisor KPMG, but are still waiting to see how it can create a competitive advantage for early adopters. Data and analytics “will indeed alter the competitive landscape—rewarding some companies and punishing others—especially in the longer term,” concluded Bradley Fisher, U.S. leader for data and analytics at KPMG and a partner in the firm. “Investors and analysts see greatest opportunity for Read more…

Aerospike Adds GeoSpatial Data to Speedy NoSQL

Jan 28, 2016 |

Organizations that are looking to leverage location data in their operational apps have another option in Aerospike, which today announced support for geospatial data in its NoSQL database. Aerospike is a key-value data store designed to run within a combination of RAM and Flash storage. The database, which essentially bypasses the file system to speed up processing, is widely used among ad tech companies thanks to its capability to process mixed read and write workloads at high speeds with low latencies. Read more…

Gartner Sees Analytics Boom as More Data is Shared

Jan 28, 2016 |

Advanced analytics techniques like data and text mining, machine learning and visualization are poised to shake up entire industries as more enterprises leverage proprietary algorithms along with emerging platforms to securely share more data, a market watcher predicts. In a forecast released Thursday (Jan. 28), Gartner Inc. predicted the red-hot advanced analytics market will grow 14 percent this year to $1.5 billion. By 2018, it predicts more than half of large global enterprises will leverage analytics and proprietary algorithms on Read more…

Google, Chipmaker Collaborate on Deep Learning For Mobile

Jan 27, 2016 |

Google and Movidius, a specialist in low-power machine vision chips, said this week they would collaborate to bring deep learning technology to mobile devices. Google (NASDAQ: GOOG) said Wednesday (Jan. 27) it would integrate Movidius processors with the San Mateo, Calif., company’s software development tools. The search giant also said it would contribute to the Movidius neural network technology roadmap. The partners said the agreement would allow Google to deploy its neural computation engine on the Movidius low-power platform as Read more…

Real-Time Streaming Gone ‘Bananas’

Jan 26, 2016 |

Akuda Labs is touting the throughput and power of a real-time stream data processing system it released last week. The company says the software, dubbed Bananas, runs 10 times faster that Apache Spark Streaming, with considerably less latency. The Spark comparison comes from an internal benchmark test that Akuda Labs performed on a 16-core virtual cluster equipped with 16GB of RAM and a 10Gbps connection. The goal of the test was to see how quickly Spark Streaming and Bananas could Read more…

Microsoft Releases Deep Learning Toolkit

Jan 25, 2016 |

Microsoft has released to the open source community a set of internal GPU-powered tools designed to boost the performance of artificial intelligence technology used for computer speech recognition. In a blog post, Microsoft (NASDAQ: MSFT) announced Monday (Jan. 25) it is releasing its Computational Network Toolkit on Github. Company researchers said they undertook the project out of necessity: Current tools used to improve how computers understand human speech were slowing progress. A group of Microsoft volunteers “set out to solve Read more…

Data, Calculations Point to a New Planet

Jan 25, 2016 |

The predicted existence of a new member of our solar system, “Planet Nine,” as astronomers labeled it, is based on theoretical calculations that agree with observational and other data. But the researchers who published the findings predicting the existence of Planet Nine have yet to actually observe the distant body. Observers note this isn’t the first time astronomers relied heavily on data and theoretical mathematics to discover a planet before it was found by stargazing telescopes. What Caltech astronomers Michael Read more…